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...hauled), but also supply (the quantity of carrier capacity). The steady boom of world trade over the past decade prompted a major shipbuilding spree, with many vessels slated for completion in the coming months and years. "There are new and larger ships on order," notes the source. "I fear that overall rates will not be as responsive to the recovery as a whole." In other words, just as skyrocketing prices in raw-material transport don't guarantee a robust global recovery, nor would a sluggish rebound in shipping profits preclude a bullish outlook for the overall economy...

Author: /time Magazine | Title: The Least Known Key Economic Indicator | 6/5/2009 | See Source »

...that for many, the face of globalization is contradictory. The Internet and television can bring knowledge and information, but also offensive sexuality and mindless violence. Trade can bring new wealth and opportunities, but also huge disruptions and changing communities. In all nations - including my own - this change can bring fear. Fear that because of modernity we will lose of control over our economic choices, our politics, and most importantly our identities - those things we most cherish about our communities, our families, our traditions, and our faith...

Author: /time Magazine | Title: Full Text: President Barack Obama's Speech to the Muslim World | 6/4/2009 | See Source »

...stoke the flames of division, and to stand in the way of progress. Some suggest that it isn't worth the effort - that we are fated to disagree, and civilizations are doomed to clash. Many more are simply skeptical that real change can occur. There is so much fear, so much mistrust. But if we choose to be bound by the past, we will never move forward. And I want to particularly say this to young people of every faith, in every country - you, more than anyone, have the ability to remake this world...

Author: /time Magazine | Title: Full Text: President Barack Obama's Speech to the Muslim World | 6/4/2009 | See Source »

...openly discussed and publicly remembered. In the summer of 1989, some 1 million people took to the city's streets in support of the students. They've honored them every year since. But remembrance is an amorphous term, especially here. The solemnity of recollection is tempered by anger and fear - anger that China has not acknowledged the incident, and fear that heavy-handed suppression is not a thing of the past. "What happened 20 years ago could happen again," said Zoe Yiu, a 20-year-old student attending the vigil for the second time. "And now we worry that...

Author: /time Magazine | Title: While Beijing Stays Silent, Hong Kong Remembers Tiananmen | 6/4/2009 | See Source »

...fear shared by many here. Pro-democracy groups see Beijing's not-so-invisible hand tightening its grip on the city. In the run-up to the anniversary, two Tiananmen-era dissidents, Xiang Xiaoji and Yang Jianli, were turned away at Hong Kong's airport. The city won't comment, but it denied charges that it kept an immigration blacklist at the behest of Beijing. The incident sparked outrage nonetheless, with critics accusing Hong Kong officials of kowtowing to mainland authorities ahead of the politically sensitive anniversary. (See pictures of Hong Kong...

Author: /time Magazine | Title: While Beijing Stays Silent, Hong Kong Remembers Tiananmen | 6/4/2009 | See Source »

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